Wednesday 24 April 2013

Jet Owning Pastors To Pay Luxury Tax To FG

News has emerged that the Federal Government is planning to impose a form of luxury tax on owners and operators of private jets in the country.

Finishing touches are currently being put to the plan which, according to top officials of the Ministry of Aviation, will be finalized and perfected by the Aviation Reform Committee very soon.
The plan to impose the luxury tax will be preceded by the new general aviation policy, which is currently being drafted by the government and ahead of the release of the general aviation policy, the Aviation ministry has reviewed the 2006 Civil Aviation Act, which will lead to the promulgation of a new Act.

It was learnt that the ministry was planning to send the draft Civil Aviation Bill to the National Assembly.

However, the ministry is currently taking the draft bill to some stakeholders for their input and comments.

In the proposed general aviation policy, the government is also planning to stop private jet owners from making use of the Air Operators Certificate. An AOC is a permit that allows aircraft owners and operators to do commercial flights.

1 comment:

  1. Hmmmmmm!!!!, is it bcuz pastors nw own privates datz y all dis taxation is cumming up. We've had other private individuals own jets yet it didn't raise so much dust. They have to be careful hw they go abt this.

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